Shell Plc
Ticker: SHEL
Meeting date: 24/05/2022
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Accept Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 2 | Proposal Approve Remuneration Report | Mgt rec For | Vote For |
| 3 | Proposal Elect Sinead Gorman as Director | Mgt rec For | Vote For |
| 4 | Proposal Re-elect Ben van Beurden as Director | Mgt rec For | Vote For |
| 5 | Proposal Re-elect Dick Boer as Director | Mgt rec For | Vote For |
| 6 | Proposal Re-elect Neil Carson as Director | Mgt rec For | Vote For |
| 7 | Proposal Re-elect Ann Godbehere as Director | Mgt rec For | Vote For |
| 8 | Proposal Re-elect Euleen Goh as Director | Mgt rec For | Vote For |
| 9 | Proposal Re-elect Jane Lute as Director | Mgt rec For | Vote For |
| 10 | Proposal Re-elect Catherine Hughes as Director | Mgt rec For | Vote For |
| 11 | Proposal Re-elect Martina Hund-Mejean as Director | Mgt rec For | Vote For |
| 12 | Proposal Re-elect Sir Andrew Mackenzie as Director | Mgt rec For | Vote For |
| 13 | Proposal Re-elect Abraham Schot as Director | Mgt rec For | Vote For |
| 14 | Proposal Reappoint Ernst & Young LLP as Auditors | Mgt rec For | Vote For |
| 15 | Proposal Authorise the Audit Committee to Fix Remuneration of Auditors | Mgt rec For | Vote For |
| 16 | Proposal Authorise Issue of Equity | Mgt rec For | Vote For |
| 17 | Proposal Authorise Issue of Equity without Pre-emptive Rights | Mgt rec For | Vote For |
| 18 | Proposal Authorise Market Purchase of Ordinary Shares | Mgt rec For | Vote For |
| 19 | Proposal Authorise Off-Market Purchase of Ordinary Shares | Mgt rec For | Vote For |
| 20 | Proposal Approve the Shell Energy Transition Progress Update | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 21 | Proposal Request Shell to Set and Publish Targets for Greenhouse Gas (GHG) Emissions | Mgt rec Against | Vote Against |
Disclaimer
This page contains certain information as to the voting intentions of Norges Bank in its role as manager of the Government Pension Fund Global. This disclosure is provided to promote transparency as to Norges Bank’s engagement with investee companies, and in view of its approach to responsible investing. Norges Bank’s voting intention is an internal decision and has not been agreed with any third party. Please note the following:
- This disclosure is provided for information purposes only. It does not constitute advice and should not be taken as a recommendation or an instruction on any matter, including whether any relevant third party should buy, sell or retain shares, or how any third party should exercise any voting rights they may have. Any person who wishes to obtain advice should seek this from a professional adviser. This disclosure is not a proxy solicitation and is not intended to influence the vote of other shareholders.
- No reliance should be placed on this information or its accuracy, and Norges Bank accepts no responsibility or liability for any action taken or not taken on the basis of this information. Any relevant third party should form their own views based on their own analysis of the relevant facts and circumstances.
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- Any information in this disclosure is subject to change without notice. In particular, be aware that Norges Bank’s intentions and the holdings of the Government Pension Fund Global may change over time and, to the extent permitted by applicable law, Norges Bank disclaims any responsibility to update this information as a result of such changes or for any other reason.
- Securities lending or other activity may mean that the votes cast by Norges Bank are significantly different than its economic or published holding of shares, or significantly different from its holding at the date of this disclosure. No assumption should be made or reliance placed on the number of votes that will be cast.
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